Mr. Smith has been summoned to the next No Leaks Plumbing's, a publicly-held company, Board of Directors' meeting to explain why his new delivery strategy has cost the company $10,000. This is an example of which of the following Board of Directors responsibilities?
A) Protecting the interests of the shareholders
B) Overseeing the company's management
C) Governing the organization's decisions and actions
D) All of the answer choices are correct.
E) None of the answer choices is correct.

Question

Quizplus · Accepted Answer

The Board of Directors is responsible for protecting the interests of the shareholders, overseeing the company's management, and governing the organization's decisions and actions. Summoning Mr. Smith to explain the costly new delivery strategy falls under all these responsibilities.

Mr Smith Has Been Summoned to the Next No Leaks